Are the following statements true or false? Give reasons.
Value addition can also take place even when the commodity does not go through any transformation.

True

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False

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Solution

The correct option is A True
It happens when a commodity is purchased for resale. For example, if a mobile shop sells a mobile for Rs. 7,000 after purchasing it for Rs. 6,100, then there is no transformation in mobile, yet value added is Rs. 900.

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